The e-Mini Dec S&P Reaches an Inflection Point

The series of higher-lows off of the Oct 15 low at 1813.00 remains the dominant feature of the 7 session, 143.25 point, 8% advance.

As we speak, the e-SPZ is retesting yesterday's high of 1956.25.

Inability of the index to climb to new high before a break below 1946.00 will trigger initial sell signals in my short-term work.

For the time being, however, the bulls remain in directional control, but will they be able to jam the index to sustainable new rally highs?

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